Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Up 182.0% in May

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,017,632 shares, a growth of 182.0% from the May 14th total of 360,805 shares. Based on an average daily volume of 1,235,730 shares, the days-to-cover ratio is currently 0.8 days. Approximately 8.5% of the company’s shares are sold short.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in Invesco WilderHill Clean Energy ETF in the 4th quarter worth about $637,000. Hennion & Walsh Asset Management Inc. purchased a new stake in Invesco WilderHill Clean Energy ETF in the 4th quarter worth about $524,000. Envestnet Asset Management Inc. raised its position in Invesco WilderHill Clean Energy ETF by 167.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 36,509 shares of the company’s stock worth $1,054,000 after purchasing an additional 22,853 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in Invesco WilderHill Clean Energy ETF in the 3rd quarter worth about $617,000. Finally, Kingsview Wealth Management LLC increased its position in shares of Invesco WilderHill Clean Energy ETF by 2,793.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 234,565 shares of the company’s stock worth $7,164,000 after acquiring an additional 226,457 shares during the period.

Invesco WilderHill Clean Energy ETF Stock Up 1.1%

Invesco WilderHill Clean Energy ETF stock traded up $0.44 during midday trading on Friday, reaching $40.15. The stock had a trading volume of 373,029 shares, compared to its average volume of 963,952. Invesco WilderHill Clean Energy ETF has a 52-week low of $18.57 and a 52-week high of $47.22. The firm has a market cap of $480.19 million, a price-to-earnings ratio of 0.93 and a beta of 1.75. The company has a fifty day moving average of $38.92 and a 200 day moving average of $34.91.

Invesco WilderHill Clean Energy ETF Company Profile

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.